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news-imageNovember 15, 2024

Pennsylvania Moves to Establish First-Ever State Bitcoin Reserve

Pennsylvania has proposed a Bitcoin Strategic Reserve bill that seeks to incorporate cryptocurrency into state reserves, setting a precedent for digital asset adoption in government finance.
Publisher: Crypto Daily
Sentiment: Positive
BTC

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cover-imageCryptonews
December 3, 2024

BlackRock's Bitcoin ETF Exceeds 500K BTC in AUM

BlackRock's Bitcoin ETF surpassed 500,000 BTC in AUM, an indicator of growing institutional interest in Bitcoin ETFs. With this milestone, experts foresee continued growth and adoption of these funds as portfolio diversifiers. Will this shape Bitcoin's future? The post BlackRock's Bitcoin ETF Exceeds 500K BTC in AUM appeared first on Cryptonews.

Negative
cover-imageBenzinga
December 3, 2024

Coinbase CEO Brian Armstrong: 'The US Government Should Never Sell Bitcoin'

Coinbase (NASDAQ:COIN) CEO Brian Armstrong on Tuesday voiced strong opposition to the U.S. government selling its Bitcoin (CRYPTO: BTC) holdings, joining a chorus of criticism sparked by government movements of large quantities of the cryptocurrency. The debate intensified after 19,800 bitcoin, valued at $1.9 billion, was transferred to a Coinbase Prime deposit address on Dec. 2.

Negative
cover-imageInvezz
December 3, 2024

Crypto payment platform Dtcpay to drop BTC and ETH, shift to stablecoins

Dtcpay, a Singapore-licensed cryptocurrency payment platform, has announced that it will phase out support for Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and focus solely on fiat and stablecoin transactions starting in January 2025. This move reflects Dtcpay's commitment to offering a more secure, predictable, and regulatory-compliant payment solution.

Negative
cover-imageCryptopolitan
December 3, 2024

France introduces tax on unrealized Bitcoin capital gains

France has decided to shake things up in its tax system, and this time, Bitcoin is on the chopping block. The government's latest regulation targets so-called “unproductive wealth”—a category that includes assets like private jets, yachts, luxury cars, and now, Bitcoin.

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